HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, is set to profit as hemp-biomass production is anticipated to continue to increase due to legislative changes and the growing demand for CBD products. An article discussing the company reads, “The company has signed numerous strategic agreements that maximize its hemp-biomass processing potential. Recently, HTC announced its entry into an identity preserved (‘IDP’) hemp-biomass-production tolling agreement. The agreement covers 4,200 to 5,000 acres of hemp in Saskatchewan, Canada. Based on the agreement, HTC will process five million kilograms of IDP hemp-biomass to produce full-spectrum oil and/or pure-CBD isolate.”
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About HTC Extraction Systems
HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp-biomass and cannabidiol (“CBD”) industry, as well as gas and liquid extraction. HTC’s extraction and purification systems are engineered to large scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.
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